the company is focusing cash on growth projects and strengthening the balance sheet.
dividend returns will substantially increase once the capex spend for growth projects reduces, the balance sheet is strong and those growth projects start spinning off cashflow and profits above the already good profit made today
this stock will likely double when that change occurs
this is a long term hold stock but the potential returns are very high, risk is moderate and the yield along the way is not too bad for now
Ann: Macmahon FY21 Investor Presentation, page-4
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29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 28.0¢ | $900.0K | 3.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61864 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 18769 | 1 |
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